Data from on-chain activities indicates that Toncoin whales have engaged in significant accumulation over the past week, a positive signal for TON’s future.<\/p>\n
Analysis by Ali Martinez on X reveals recent substantial buying activity by Toncoin whales. The key metric to highlight here is the “Supply Distribution” data from Santiment, offering insights into the holdings across various investor groups.<\/p>\n
Investors are categorized into groups based on their coin balances. For instance, the whale category encompasses addresses holding between 10,000 and 100,000 TON, valued at $76,000 to $760,000 at the current exchange rate.<\/p>\n
These large holders wield influence in the market and their movements can impact price trends. Notably, a recent chart depicts a surge in Toncoin Supply Distribution among whales, with a net purchase of over 45 million TON in the past week, amounting to $342 million.<\/p>\n
As Toncoin stabilizes following a recent all-time high, these whale acquisitions indicate a bullish sentiment, suggesting a potential rally ahead as these influential investors expand their holdings.<\/p>\n
Over 2024, Toncoin has demonstrated significant growth, soaring by over 220% to reach a price of $7.6. The accompanying chart illustrates the trajectory of Toncoin’s price movements throughout the year.<\/p>\n
This surge has propelled Toncoin to become the eighth-largest cryptocurrency globally, surpassing Dogecoin in market cap.<\/p>\n","protected":false},"excerpt":{"rendered":"
Data from on-chain activities indicates that Toncoin whales have engaged in significant accumulation over the past week, a positive signal for TON’s future. Acquisitions by Toncoin Whales Surge in the Last 7 Days Analysis by Ali Martinez on X reveals recent substantial buying activity by Toncoin whales. The key metric to highlight here is the […]<\/p>\n","protected":false},"author":1,"featured_media":14944,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Toncoin Whales Ramp Up Purchases Worth $342 Million - Bitrabo","description":"Data from on-chain activities indicates that Toncoin whales have engaged in significant accumulation over the past week, a positive signal for TON's future. Acq"},"footnotes":""},"categories":[316],"tags":[987,5607,1231,5608,561,917,1827,3364,3284,457],"class_list":["post-14943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-buying","tag-buying-spree","tag-data","tag-data-shows","tag-million","tag-shows","tag-spree","tag-ton","tag-toncoin","tag-whales"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/14943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=14943"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/14943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/14944"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=14943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=14943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=14943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}